Level I

CFAI Questions vs. Schweser Questions

As I finish all the EOC questions in the CFAI books, I am noticing they are FAR LESS difficult than the questions in the Schweser books and the Schweser qbank.

Can anyone weigh in on which one is more indicative of the actual exam? Continue reading

Wiley/ELAN Print Materials for 2015 & My Review of 2014 Materials

Level 1:

I had access to Schweser content as well as ELAN for the 2014 year. I used ELAN guide mostly and found it to be superior to Schweser in many ways. Mainly, ELAN explained the concepts in greater detail and was much more organized in their presentation of the content.

ELAN also offered more and better questions per topic. Their formula sheets were much better as well. Continue reading

Preferred Stock Par Value question

Hello, can someone assist me with solving this and explain how you arrived to the answer.  The “par value” concept is hard to get my hands around

ACME Industries pays an annual dividend of 9.8% on its preferred stock that currently returns 13.13% and has a par value of $100.  

What is the value of ACME Industries stock ?

Thank You Continue reading

December Level 1 Review Strategies

Howdy all -

As we come down the final stretch I thought we could share review strategies and either adopt or critique each other accordingly to sort of crowd-source a solid review plan. This is my current plan:

Approximately 8-weeks to exam day Continue reading

equilibrium price and quantity

 Question: Consider a market where quantity demanded - 1500 - 3x price, and quantity supplied = 2000- 5xPrice. With respect to equilibrium price and quantity, there is:

1) no market equilibrium

2) a stable market equilibrium

3) an unstable market equilibrium

For this type of probelm, I sometimes get it right and sometimes get it wrong. So I must be using wrong method.

Can someone teach me the best way to solve this?

Thanks a lot. Continue reading

Best way to use vacation days

Was trying to plan when I should use up my last 5 vacations days from work so I can study for CFA. I don’t have to take them off in a row and want to use them to help with the exam.

Any thoughts? what’s everyone else doing? Continue reading

CFA Level 1 in 3-4 weeks- doable?f

I wanted to get an opinion on my situation and as to how feasible it will be. As I’ve already committed to this route via my actions then there is little I can change.

I’m doing the Dec 14 sitting of CFA Level 1. I have read through the entire Schweser notes once so far and have done about 30-40% of the CFAI EOCs without finding them too hard (with varying levels of success depending on topic), however that was a couple of months ago. So I’ve familiarized myself with the material and questions but not in a lot of depth. Continue reading

Zero Arbitrage profit equation

(1+ id)= Sf/d (1+ if) (1/ Ff/d)

Hi,

In the above equation, the domestic/foreign interest rate, are they annual rate?

I saw a question using 90 days interest in the formula. (180 days interest divided by 2)

Help please!

Thank you. Continue reading

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